13279-13281 Van Nuys Blvd
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13279-13281 Van Nuys Blvd
3,095 SF 100% Leased Retail Building Pacoima, CA 91331 $1,175,000 ($380/SF) 4.70% Cap Rate
Investment Highlights
- Owner Used Possibility
- Newly Remodeled
- SBA Finacing Possible
- Rental Upside
- On Major Throughfare
- Next to Proposed Metro Link Station
Executive Summary
13279-13281 Van Nuys Blvd in Pacoima. It is located on a major thoroughfare in a redeveloping area of Pacoima. This three-unit Commercial Space is ideally suited for first-time investors in the Retail Space or a potential owner-user opportunity. The property comprises three units with Units of Square Footage of 510, 1488, and 1097 for 3095 Square Feet. The property has a rental upside! The property has a new facade, giving it life and curb appeal. This property will benefit from the new light rail line scheduled to be built for the Metro. The area has a high traffic count and benefits from heavy foot traffic. Centrally located to the 118 and 5 freeways, it has plenty of freeway and transit access. Possible Owner Occupied Opportunity and SBA financing.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,095 SF
Building Class
C
Year Built
1966
Price
$1,175,000
Price Per SF
$380
Cap Rate
4.70%
NOI
$55,225
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
LAC2
Parking
10 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
50 FT on Van Nuys Blvd
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Grande Lation
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Plenty O Smiles
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Willy's Barber Shop
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Grande Lation | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Plenty O Smiles | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Willy's Barber Shop | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2619-017-031 | Total Assessment | $936,360 (2024) |
| Land Assessment | $561,816 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $374,544 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
2619-017-031
Land Assessment
$561,816 (2024)
Improvements Assessment
$374,544 (2024)
Total Assessment
$936,360 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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13279-13281 Van Nuys Blvd
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